China's vast manufacturing sector saw expansion accelerate in November for the first time in 13 months, while a lower than expected drop in US oil inventory also boosted crude prices, Reuters stated.However, supply risks diminished after Israel and the Islamist Hamas movement agreed on Wednesday to an Egyptian-sponsored ceasefire

The centre, aimed at building up a research and development environment for Arctic innovation, is due to be launched next year with combined annual funding of Nkr10 million ($1.75 million) from both the energy and foreign ministries. The Norwegian Research Council is now making funds available for R&D projects

West Drilling Products, a subsidiary of West Group, is touting the rig as an innovative breakthrough as it can facilitate fully automated and constant drilling operations by enabling drillpipe and casing to be fed continuously into the well with full circulation.With today’s technology, drilling has to be halted every 30

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